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UNDP Rep calls for accessible and affordable insurance for all

Dr Angela Lusigi, United Nations Development Programme (UNDP) Resident Representative in Ghana, has called on stakeholders in the insurance industry to create accessible and affordable insurance solutions to build resilience in the face of increasing disaster risks. She said while disaster risks were on the increase, there was huge protection …

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NHIA begins linking NHIS card to Ghana card

The National Health Insurance Authority (NHIA), has officially commenced linking the National Health Insurance card to the Ghana Card. This forms part of the government’s quest to make the Ghana Card the sole source of identification for persons living in Ghana and for accessing public services in the country. Mr …

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SSNIT is not only for government workers – Director-General

The Social Security and National Insurance Trust (SSNIT) is not for government workers alone, but rather all workers willing to join and contribute part of their legitimately earned income to secure their retirement, Dr John Ofori-Tenkorang, Director-General of SSNIT has said. He said “SSNIT is not for government workers. As …

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Loans already in default before appointment of new Management – SSNIT

The Social Security and National Insurance Trust (SSNIT) has said as of March 2017, when the current Management was appointed, the corporate loans totalling $300 million, of which $254 million were already in default. It said it was not accurate to say of the $300 million issued as corporate loans, …

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SSNIT says it has recovered $4.1m out of $11.7m indicated as loss

The Social Security and National Insurance Trust (SSNIT) says that, of the $11,794,109 indicated as loss through the liquidation of three companies, $4.15 million has been recovered. It said efforts were still ongoing to make further recoveries of locked up funds. A statement issued by the Trust said that, as …

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Man arrested for operating illegal insurance firm

The National Insurance Commission (NIC) in a joint operation with the Ghana Police Service has arrested a Lebanese man, Gabriel Medawar for operating an unlicensed insurance brokering firm contrary to section 109 of the Insurance Act 2021 (Act 1061). The illegal company operating under the business name, Harmonia Insurance Group, …

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Saham Insurance presents GH¢468,493.13 to two victims of Makola fire incident 

Saham Insurance Ghana, has presented cheques for GH¢468,493.13 to two victims of the Makola market fire incident as insurance claims to rebuild their businesses. Mrs Edith Lawson- Atenga, Head, Bancassurance, Saham Insurance Ghana, in a presentation said, the essence of insurance was to cushion people in times of unexpected challenges, …

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NHIA threatens healthcare providers charging illegal fees

The National Health Insurance Authority (NHIA) has threatened to withdraw credential letters of healthcare providers that continue to charge its members illegal fees when they come to seek health care in their facilities. According to the Authority, the charging of these illegal fees was having a toll on renewal of …

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Enforce National Insurance Act at the ports – GSA directs

The Ghana Shippers Authority (GSA) has called for strict enforcement of the National Insurance Act, (Act 724) at the various ports in the country to ensure that the local insurance companies benefit from the maritime industry. The Insurance Act, (Act 724) states in section 37(1) that “unless authorized by the …

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